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chart Corporation had both common stock and preferred stock outstanding from 2012 through 2014. Information about cach stock for the three years follows. Type Preferred
chart Corporation had both common stock and preferred stock outstanding from 2012 through 2014. Information about cach stock for the three years follows. Type Preferred Common Par Value 100 20 Shares Outstanding 40,000 600,000 Other 7% cumulative The company paid $140,000, s800,000, and $1,100,000 in dividends for 2012 through 2014, respectively. The market price per common share was $15 and $17 per share at the end of years 2013 and 2014, respectively. REQUIRED 1. Determine the dividends per share and total dividends paid to the common and preferred stockholders each year. (Round to the nearest cent Question 3 Prcterred stock Common Stock Cumulative Total Dividends Dividends Dividends Per Amount Share Amount Share Allocated 2012 2013 Dividends in arrears, 2012 2013 dividends Totals 2014 2. Dividends calculated for noncumulative preferred stock and common stock Noncumulative Preferred Stock Dividends Common Stock Dividends Total Per Per Dividends Amount Share Amount Share Allocated 2012 2013 2014
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